15 Russell St
Portland, ME 04102
For more information on this listing, contact us at: (207) 272-2202
Active
$350,000
15 Russell St Portland, ME 04102
Multi-Family
Property Type
2
Baths
2,209
Sq. Ft.
1910
Year Built
Cumberland
County
Listing Office
Office
Keller Williams Realty
Keller Williams Realty
Prime Portland Investment Opportunity! Calling all investors, contractors, and visionaries. Located in a highly desirable Portland neighborhood, this 2-unit duplex at 15 Russell Street offers a rare chance to bring a multi-family property back to life. Priced aggressively this building is a true blank canvas awaiting a complete top-to-bottom renovation. Whether you are looking to execute a full condo-conversion, design a premium owner-occupied multi-family, or add a high-yield rental asset to your portfolio, the potential here is unmatched. The property requires extensive rehabilitation and is being sold strictly as-is, making it an ideal candidate for cash buyers or 203k/construction financing. Capitalize on Portland's exceptionally strong rental market and severe inventory shortage. Properties with this level of value-add potential are increasingly rare. Bring your architect, your contractor, and your imagination to unlock the immense equity waiting within these walls.
MLS #
1683359
Monthly HOA
N/A
On Site
Not Available
Last Updated
10/7/2026
Location
Contact Agent
Maureen Zemrak
(207) 272-2202Property Details
Community Information
Architecture
Bathrooms
2
Year Built
1910
Construction Materials
Wood Frame, Vinyl Siding
Structure Type
Duplex
Levels
Multi-Level
# 2 Bed Units
2
Roof
Fiberglass
Foundation
Pillar/Post/Pier, Brick/Mortar
Basement
Interior Entry, Partial, Brick/Mortar
Garages Features
No Vehicle Storage
Features / Amenities
Flooring
Carpet, Vinyl, Wood
Heating
Oil, Steam
Water Heater
Off Heating System
Square Footage Finished Sq. Ft.
Above Grade
2209
Property Features
Lot Size
0.06 Acres
Lot Features
Intown, Near Shopping, Sidewalks
Roads
Paved, Public
Sewer
Public Sewer
Water
Public
Electric
Circuit Breakers
Gas
No Gas
Road Surface
Paved
Zoning
Residential
Tax and Financial Info
Tax Year
2025
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Listing Information Last Updated 10/7/2026

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified.
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Mortgage values are calculated by Sierra Interactive and are provided for estimate purposes only. Walking and Transportation data are provided by WalkScore as a guideline and should be independently verified.